The crypto industry and government are engaging one another in various courtrooms to gain an advantage on unresolved crypto tax questions like forks and staking.
With the Republicans regaining control of the White House and Congress, lawmakers are planning for new tax legislation under President-elect Trump. A new tax bill is expected to focus on his key tax proposals and extend the expiring TCJA provisions, though its timing remains uncertain.
Just in time for the holidays, Treasury finalizes key guidance on energy tax credits, aiming to resolve open questions before the year comes to a close.
The UK sets out the outcomes of its consultation on the CARF, including draft regulations.